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Q#2: The data below is the historical sales of X product from 2010 till 2002 Year Sales 2010 125 2011 130 2012 150 2013 133

Q#2: The data below is the historical sales of X product from 2010 till 2002

Year Sales

2010 125

2011 130

2012 150

2013 133

2014 153

2015 182

2016 153

2017 143

2018 196

2019 183

2020 124

2021 183

2022 190

a) Compute all possible forecasts using a three period moving average

b) Compute all possible forecasts using exponential smoothing with a smoothing coefficient 0.4

c) Compute the MAD for each of the forecast model

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